$319,500

For sale

#18 531 High Street, Orillia - Single Family for Sale

#18 531 High Street, Orillia, Ontario, L3V4X9

3 beds2 baths2 parking1,100 ft²$686/mo condo feeListed 19 days ago

Overview

This 3-bedroom, 2-bathroom condo in Orillia is for sale offering roughly 1,100 sq ft of space. It has been on the market 19 days, fresher than the Orillia average of 66 days.

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Description

Looking for an affordable entry into the real estate market or an opportunity to simplify your lifestyle? Welcome to 18-531 High Street in Orillia! This 3-bedroom, 2-bathroom condo townhome offers a fantastic opportunity for first-time buyers, growing families, downsizers, and investors alike. Enjoy functional living space with a finished basement offering added flexibility for relaxing, entertaining, or working from home. Just a walk from local parks and Lake Simcoe, you can enjoy morning strolls, fresh air, and time outdoors close to home. Whether you're ready to stop renting and start building equity, looking to downsize without giving up space, or searching for your next investment opportunity, this home offers an accessible way to get into the market while enjoying all that Orillia has to offer! (id:66096)

Property Details

MLS®: S14087034
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $686/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,343.78/yr

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Orillia listings, avg age

66d

Price / ft²

$291

List price

$320K

Haho

This 3-bed single family in Orillia has been listed for 19 days, which is 47 days fresher than the city average of 66. Act while there is still low competition.

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Listed by CENTURY 21 B.J. ROTH REALTY LTD. · MERCEDES PEDERSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $319,500, about 4.1× the local median household income of $77,500.

Carrying it typically needs a household income of about $62,410 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$319,500· $291/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,975

Min 5%50%

Mortgage payment$1,683/mo

↳ CMHC premium ($12,141 capitalized)

Property tax (est.)$195/mo

Condo fee$686/mo

Total monthly$2,564

Cash Needed to Close

Down payment (5%)$15,975

Land transfer tax$3,268

Est. closing costs$3,459

Total cash needed$22,702

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